System renewal. Challenging established notions. Reimagining our societies.

Are regulators finding their mojo?

JULY-2019-IMAGE

In this month’s Open Markets Outlook: Competition regulators seem to be finding the grit to take on monopoly power. Is it enough?

  • The new chair of the Competition and Markets Authority (CMA), Lord Tyrie, has announced his preliminary plans for the reform of competition in the UK
  • Plans include the introduction of a new “consumer interest duty”, allowing the CMA to move faster using “interim measures”, reforming market powers and requiring mandatory merger control filings
  • These represent very welcome moves. Are they enough?
  • In a recent RADIX paper, Tim Cowen puts forward more radical ideas
  • Across the pond in the US, Representatives on the House Judiciary Committee and the Antitrust Subcommittee have announced that they will hold a series of hearings “on the rise of market power online”
  • US prosecutors are interested in looking into Apple and Google over antitrust complaints. The Federal Trade Commission would also like to question Amazon and Facebook
  • Anti-trust investigations seem to have brought together Left and Right in Congress
  • The proposed merger between the last American companies capable of printing high volume magazines has been blocked by the antitrust team at the US Department of Justice.
  • Oklahoma City Council has passed a 180-day moratorium on “small box discount stores” in one zip code.

Leave a Reply

The Author
Latest Related Outlook
Follow Us
[type='radio']
[type='radio']
[type='checkbox']
[type='checkbox']
[type='submit']
[type='submit']
[type='button']
[type='button']
[type='image']
[type='image']
[type='file']
[type='file']
[gravityform id=4 title=false description=false ajax=true tabindex=87]
  • RSVP

  • We will process your data in accordance with our Privacy Policy. You may withdraw this consent at any time by emailing us.

  • This field is for validation purposes and should be left unchanged.
[type='radio']
[type='radio']
[type='checkbox']
[type='checkbox']
[type='submit']
[type='submit']
[type='button']
[type='button']
[type='image']
[type='image']
[type='file']
[type='file']
[gravityform id=2 title=false description=false ajax=true tabindex=69]
  • Join Our Movement

    Keep updated on what's going on. Get email notifications

  • This field is for validation purposes and should be left unchanged.
[type='radio']
[type='radio']
[type='checkbox']
[type='checkbox']
[type='submit']
[type='submit']
[type='button']
[type='button']
[type='image']
[type='image']
[type='file']
[type='file']
[gravityform id=5 title=false description=false ajax=true tabindex=64]
  • Get emails

  • This field is for validation purposes and should be left unchanged.
[type='radio']
[type='radio']
[type='checkbox']
[type='checkbox']
[type='submit']
[type='submit']
[type='button']
[type='button']
[type='image']
[type='image']
[type='file']
[type='file']
[gravityform id=6 title=false description=false ajax=true tabindex=999]
  • Before you go!

    Stay up to date with what's happening at Radix. Get email notifications

  • This field is for validation purposes and should be left unchanged.